My husband and I do not have very good credit. We have a credit card that has not been paid on in awhile, two student loans and a bank we owe $300 to. As a result of these things no bank will let us have an account anymore. We pay all our bills with cash or a money order. I no longer attend college so my student loan will be due back soon. My husband and I were thinking of maybe increasing his student loan by enough to pay off all these debts I've mentioned. We won't be debt free of course but at least we will only owe to one person and there won't be any interest or payments due until he graduates. Is this smart do you think?
Asked by Anonymous at 6:39 PM on Jan. 7, 2010 in Money & Work
Answer by Anouck at 6:55 PM on Jan. 7, 2010
Answer by maybebaby83 at 6:45 PM on Jan. 7, 2010
Answer by Anonymous at 6:47 PM on Jan. 7, 2010
Answer by Anonymous at 6:48 PM on Jan. 7, 2010
Answer by mrsjosey1018200 at 6:55 PM on Jan. 7, 2010
Answer by RutterMama at 9:10 PM on Jan. 7, 2010